Silicone Adhesives Market is Predicted to See Lucrative Gains Over 2022-2028

The report on the Silicone Adhesives Market published by Stratview Research covers in depth details associated with the Silicone Adhesives Market.
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The Silicone Adhesives Market is likely to witness a CAGR of 8.8% during the forecast period. The prime factors that are driving the Silicone Adhesives Market is its superior thermal conductivity property leading to its wide usage in a wide array of industries.
Key Players
The following are the key players in the Silicone Adhesives Market:
The 3M Company
Wacker Chemie AG
DOW Corning Corporation
Henkel AG & Company
KGaA
H.B. Fuller Company
Illinois Tool Works (ITW)
Avery Dennison Corporation
Delo Industrial Adhesives LLC
Threebond Holdings Co., Ltd.
Growth drivers and Market Value:
This report, from Stratview Research, studies the Silicone Adhesives Market value and growth drivers over the trend period of 2022-27. According to the report –
Silicone adhesives market is likely to witness an impressive CAGR of 8.2% during the forecast period. Wide adoption of silicone adhesives especially from the Asia-Pacific region drives the market globally. The use of silicone adhesives in various end-use industries further strengthens the growth of the market.
Segment Analysis:
Based on Type:
Based on the type, the market is segmented as one-component and two-component. The one-component segment is estimated to lead the market in the coming five years. This growth is owing to the wide use of silicone adhesives in various end-use industries owing to their rich properties, such as high flexibility and superb adhesion properties to substrates.
Based on Region:
In terms of regions, Asia-Pacific is expected to dominate the silicone adhesives market in the coming five years, in terms of both value and volume. China and India are the growth engines of the region. The market is driven by the growing use of silicone adhesives by various end-use industries. North America and Europe are also expected to offer sizeable growth opportunities during the forecast period.
Critical Questions Answered in the Report
• What are the key trends in the Silicone Adhesives Market?
• How the market (and its various sub-segments) has grown in the last five years and what would be the growth rate in the next five years?
• What is the impact of COVID-19 on Silicone Adhesives Market?
• What are the key strategies adopted by the major vendors to lead in the Silicone Adhesives Market?
• What is the market share of the top vendors?
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